Cryptocurrencies have undergone a number of unexpected developments throughout the first half of 2022.
One of the worst market crashes in recent memory has just occurred, with the value of cryptocurrencies like Bitcoin and Ethereum falling and alternative markets like Terra entirely collapsing. So, how to deposit with crypto in online casino?
There’s one thing we’ve learned over the past few years, it’s that the cryptocurrency market always manages to recover and thrive. Now is the ideal moment to invest and take advantage of these low costs in the hopes of making a substantial return in the coming months. This post will discuss and analyze the top 3 new cryptocurrencies for investment in 2022.
ApeCoin’s recent gains make it one of the most visible digital currencies. Ape DAO is managed by the same team behind the massively popular Bored Ape Yacht Club NFT, and their native cryptocurrency, ApeCoin, is also used for governance purposes.
Reasons to invest in ApeCoin currently include the announcement by BAYC that it will build a Metaverse where ApeCoin will be the major currency. Moreover, the Ubisoft-created play-to-earn (P2E) game Animoca Brands is also intending to include ApeCoin into its ecosystem.
2. Lucky Block
LBLOCK is another promising cryptocurrency to put money into in 2022. The Lucky Block token is the platform’s in-house currency for redeeming prizes. After undergoing a major overhaul, Lucky Block is now an NFT competition platform where users can compete for a $50,000 grand prize. The top prize in LBLOCK is awarded to the players.
All one needs to do to enter the draws at the Platinum Rollers Club NFT is to purchase a total of 5 tickets, each of which costs $1. The site runs a main draw every Monday and an NFT draw every Friday. Buying LBLOCK as an investment could be another method for players to profit. The price of this cryptocurrency has proven that it is capable of massive price increases.
In just two weeks during the month of February 2022, LBLOCK returned 1,100% to its backers. Hence, LBLOCK is highly recommended as a cryptocurrency investment.
3. DeFi Coin (DEFC)
The cryptocurrency exchange DeFi Swap uses is called DeFi Coin (DEFC), and it was released on the Binance Smart Chain.
DeFi Coin’s value has increased by 462% in the first two weeks after its launch, even though several of its most anticipated features (such as the automatic liquidity pool) have yet to be implemented.
With this cryptocurrency and the DeFi Swap trading platform, investors may make instantaneous value swaps with other market participants. In this way, dealers sidestep the need for intermediaries. Automatic liquidity pools, a manual burning strategy system, and high-level static rewards are the three mainstays of DeFi Coin.
Due to the platform’s higher transaction tax rates ( 10%), coin holders are urged to keep their DEFC tokens for as long as feasible. The goal is to reduce day trading, which is blamed for most of the unpredictability of cryptocurrencies. Further, all token holders share equally in 5% of the aforementioned tax rate.